[Freightos Weekly Update] More rate increases expected soon, though signs congestion is easing
Ex-Asia ocean rates are expected to climb further as we enter the typical peak season months and congestion – though less severe than in recent…
IBA forecasts rise in air cargo capacity and demand in 2024
IBA, the leading aviation market intelligence and advisory company, has revealed indicators that both air cargo demand and capacity will rise in 2024 compared to…
Lufthansa Cargo and Best Services International Freight join forces to use sustainable aviation fuel
Both logistics companies commit to using sustainable aviation fuels to drive the decarbonization of the air cargo industry
Riege elected board member of the Air Cargo Community Frankfurt (ACCF)
Riege Software announced that Christian Riege, Chief Technology Officer (CTO) and Managing Director, has been appointed as a new board member of the Air Cargo…
Air New Zealand partners with Unilode to enhance ULD management
Air New Zealand will now partner with Unilode Aviation Solutions, to provide the airline with a full service, unit load device (ULD) management solution.
FedEx’s strong profit forecast, freight review drive stock surge
FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year, lifting its…
Silk Way West Airlines forges strategic partnership with China Henan Aviation Group
Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, has signed a Memorandum of Understanding (MOU) with China Henan…
Dr Breithaupt succeeds Sonntag at Jettainer
Since 1 June 2024, Dr Jan-Wilhelm Breithaupt has been the new Chief Executive Officer of Jettainer.
FedEx soars as cost cuts drive better-than-expected forecast
FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year, lifting its…
[Freightos Weekly Update] Ocean rates reach new highs, with additional increases expected soon
The combination of an early peak season, Red Sea diversions making capacity tight and knock-on port congestion making supply even tighter meant ex-Asia ocean spot…
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